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Perhaps one of the best books written for new entrepreneurs
on October 2, 2016
Have you ever wondered why successful entrepreneurs worth multimillions of dollars bother to write a book to help others? I believe it stems from a strong conviction they sincerely want to help other new entrepreneurs avoid terrible mistakes and offer pragmatic, effective advice so they can succeed as well. They certainly don’t write the books to earn massive royalties because that typically does not happen; true entrepreneurs are a rare breed so there are relatively few buyers for such a book.
Mentored by a Millionaire was written by Steven K. Scott who knows whereof he speaks and had three decades of hard-earned experience and success before writing this book. The old saying, “The teacher will appear when the student is ready” applies for me here. Scott published this book in 2004, but I only discovered it in 2016.
The subtitle of the book is Master Strategies for Super Achievers. This book is, in fact, an expanded text edition of Scotts video series Master Strategies for Super Achievers. This book can very effectively guide and inform you apart from the video program. If you are starting your own business, this book can actually stand in for a real business mentor at least initially.
Getting a mentor is one of the strategies Scott recommends among the fifteen strategies that make up the fifteen chapters. The key takeaways from the book are several. Scott describes the importance of the Vision Mapping Process that goes far beyond simple goal setting and I have found this very helpful and meaningful. Another is the priceless value of partnering; to become a successful entrepreneur, there is strength in limited numbers. Having one to three knowledgeable partners is crucial to business success, Scott states. Business history has proven this, and Scott cites numerous examples.
Mentored by a Millionaire is an essential book for any startup entrepreneur, and even some established entrepreneurs would find Scott's business wisdom helpful to them. I believe this book will take years off your learning curve, and may actually boost your odds of succeeding, which is what you want to do.